{"id":2149,"date":"2022-09-21T14:38:12","date_gmt":"2022-09-21T02:38:12","guid":{"rendered":"https:\/\/www.techemynt.com\/?p=2149"},"modified":"2023-01-26T15:41:59","modified_gmt":"2023-01-26T02:41:59","slug":"issue-8","status":"publish","type":"post","link":"https:\/\/www.techemynt.com\/news\/techemynt-times\/issue-8\/","title":{"rendered":"Techemynt Times – Issue #8"},"content":{"rendered":"

Welcome to the 8th edition of the Techemynt fortnightly newsletter. Happy Merge week subscribers!<\/strong> The Ethereum foundation states that the Merge will be \u2018the most significant upgrade in the history of Ethereum.\u2019 The biggest compliment we can give Ethereum developers is that the upgrade was implemented quietly without many noticing much of a difference with how the networks DeFi and NFT ecosystem operated.<\/p>\n

The merge will not make Ethereum faster or cheaper, this is not a change to how gas works. It is a change of consensus. A change from securing the network with Proof-of-Work (PoW) to securing it with Proof-of-Stake (PoS). More info on Techemynt\u2019s perspective on the merge can be found in this thread<\/a>.<\/p>\n

The New Zealand economy grew faster than economists predicted in the 2nd quarter of 2022. According to Stats NZ data<\/a> released on September 15th, the New Zealand economy grew by 1.7% in the quarter. Higher than the expected 1%. NZ looks like it will avoid a recession as borders re-open allowing Australians and visitors from Visa Waiver countries to enter the country. This may signal a stronger NZD (and NZDS) in the coming months.<\/p>\n<\/div>

Highlights of the last fortnight include:<\/h3><\/div>